Dash cryptocurrency turns volatile after getting added to digital bank uphold [Video]
|Today let’s take a look at Dash cryptocurrency, which was recently added to a San Francisco based digital bank, Uphold. Dash is now the 6th largest cryptocurrency by market cap, trailing behind Bitcoin, Ethereum, Bitcoin cash, IOTA, and Ripple as of December 6th. Dash advocates itself as a peer-to-peer decentralized electronic cash. It intends to be as liquid as real cash, and is built upon Bitcoin’s core code with the addition of new features, such as privacy and quick transactions. Like BTC, Dash is open-source and has its own blockchain, wallet infrastructure, and community. But unlike BTC, its transaction fee is negligible. Dash has now revealed its integration into cryptocurrency platform Uphold, which enables a purported 94% of the global population to buy and hold Dash online or on their mobile device, and to send it anywhere in the world. Customers of Uphold can now buy Dash directly via bank transfer in the U.S. and SEPA in the E.U., by converting any number of the supported fiat and cryptocurrencies, as well as sending to anyone with an active email address. Also in the works is the is the option of funding Uphold accounts using major credit cards, which is expected to be enabled within a few days. After the news broke out. Dash price saw massive volatility on Wednesday. It tested both the resistance level of 840, and support level of 625, and ended the trading day on a bearish momentum. But regardless of the volatility, it has grown in value by over 6300% since January 1 this year. Thanks for watching, invest responsibly, and I’ll see you with more updates next time.
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